Airbus wins Air Lease launch order for A350 freighters

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Airbus steps up efforts to challenge Boeing, which dominates the market for cargo planes.

"It is very clear that...e-commerce is a very stabilizing factor in the freighter market place and a growing factor," said ALC chief executive John Plueger.

A letter of intent for the freighters signed at the Dubai Airshow on Monday also included more than 100 passenger jets: 25 A220-300s, 55 A321neos, 20 A321XLRs, and four wide-body A330neos. Industry sources said the coveted endorsement from one of the powerhouse lessors that drive the $150-billion jet market may have included sweeteners such as some conversions between models and attractive delivery slots for the in-demand A321XLR.

"We are supremely confident with this order, and that we will have more orders in the future," Plueger said.Airbus and ALC also said they would launch a multimillion-dollar ESG fund initiative that would contribute towards investment into sustainable aviation development projects. Boeing, which dominates the market for cargo planes, is expected to launch a competing freighter version of its– Rappler.com

 

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